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After you file
Thanks a lot @Opus 17 for your guidance. I have started to amend the 2023 taxes as an example. Could you please help me with the below confusion. Form 1040 is showing 12,625 in 4a and 6,125 in 4b. Its counting 6,125 as the taxable income which I guess is incorrect. This goes back to 2 years of conversion reported in one year. I guess, I should over ride it by 6,065 in 4a and 65 in 4b? Hence my taxable income in 2023 would be $65. The same I need to do for 2022: 6060 in 4a and 60 in 4b. Taxable income increase by 50?
‎November 25, 2024
4:11 PM